PROYECTION 2024 - RATE 1.7
PROYECTION -1.7 % FED HISTORICAL 1997 TO 2000
The projection specifically mentions the year 2024 and includes the notation "1.75 rates -4.25%." This suggests an expectation that the Federal Reserve (the Fed) will cut interest rates by 1.75 percentage points, leading to a total interest rate of -4.25%. Such a cut would be unconventional, as it implies negative interest rates, which have not been implemented in the United States but have been seen in other economies such as the Eurozone and Japan.
Typically, the Fed might cut interest rates to stimulate the economy, usually in response to an economic slowdown, deflation, or a financial crisis.
The projection specifically mentions the year 2024 and includes the notation "1.75 rates -4.25%." This suggests an expectation that the Federal Reserve (the Fed) will cut interest rates by 1.75 percentage points, leading to a total interest rate of -4.25%. Such a cut would be unconventional, as it implies negative interest rates, which have not been implemented in the United States but have been seen in other economies such as the Eurozone and Japan.
Typically, the Fed might cut interest rates to stimulate the economy, usually in response to an economic slowdown, deflation, or a financial crisis.
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